Extended proposal to discontinue certain welded, seamless tube and pipe prices

Fastmarkets is extending its proposal to discontinue eight assessments for seamless and welded tube and pipe in Europe and Asia.

The proposal is due to subdued activity and a lack of available data in Europe and parts of Asia.

Fastmarkets proposes to discontinue the following prices:

MB-STE-0825 Europe welded Spiral DSAW linepipe API 5L X65 fob €/tonne

MB-STE-0823 Europe welded ERW linepipe API 5L X42 fob €/tonne

MB-STE-0834 India welded ERW linepipe API 5L X65 export fob US$/tonne

MB-STE-0807 Seamless mechanical tube (EN10297) fob Europe €/tonne

MB-STE-0808 Cold-drawn Seamless precision tube (EN10305) fob Europe €/tonne

MB-STE-0809 Seamless boiler tube (EN10216b) fob Europe €/tonne

MB-STE-0806 Seamless gas and water pipe (EN10255) fob Europe €/tonne

MB-STE-0835 India welded LSAW linepipe API 5L X65 export fob US$/tonne

These prices are a part of the Fastmarkets steel package.

The initial consultation period for this discontinuation started on December 22, 2025, and ended on March 20, 2026, with the change scheduled to take place, subject to market feedback, from April 8, 2026.

The consultation period will be extended to April 24, with changes taking place, subject to market feedback, on May 13.

Please send any questions or comments by April 24 to pricing@fastmarkets.com AND steel@fastmarkets.com. Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.